Former Louisiana Attorney General, Charles C. Foti, Jr., is alerting DXC Technology shareholders who have suffered losses exceeding $100,000 of the upcoming lead plaintiff deadline in the class-action lawsuit against the company. The lawsuit, filed on behalf of investors who purchased DXC Technology Company (DXC) securities between August 8, 2019, and February 25, 2020, alleges that the company made false and misleading statements regarding its financial performance.
According to the lawsuit, DXC Technology failed to disclose that it was experiencing significant operational challenges in its Australia-based operations, leading to a drastic decline in financial performance. As a result, when the truth emerged, DXC’s stock price plummeted, causing shareholders significant financial losses.
Shareholders who incurred losses in excess of $100,000 are encouraged to contact Kahn Swick & Foti, LLC to participate in the lawsuit before the lead plaintiff deadline. The law firm specializes in securities litigation and has a proven track record of recovering losses for shareholders in similar cases.
DXC Technology shareholders are urged to take action to protect their rights and seek financial recovery for any losses suffered as a result of the company’s alleged misconduct. The deadline for shareholders to apply to be lead plaintiff in the class-action lawsuit is fast approaching, and those who qualify should not delay in contacting Kahn Swick & Foti, LLC.
With years of experience in representing shareholders in securities litigation, the law firm is dedicated to ensuring that investors receive fair compensation for any losses incurred due to corporate misconduct. DXC Technology shareholders who believe they may be eligible to participate in the lawsuit are encouraged to reach out to Kahn Swick & Foti, LLC as soon as possible.
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